16.59 Acres US 27
For Sale
$4,999,900
705 US 27, Lake Placid, FL 33852
16.59 acres with frontage on US 27 in Lake Placid.
Property SizeContact for details
Lot Size16.59 Acres
Days on Market276
Property Features for 705 US 27
General Information
Standard status
Active
Lot size
16.59 Acres
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$69
Listing Agency:
ADVANTAGE REALTY 1
(863) 381-4932
Listed By:
Gregory Karlson · License #569759
(863) 381-4932
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 8
Last Checked: Aug 30 at 8:19PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ADVANTAGE REALTY 1
Investment Insights
Based on property information with market context.
This 16.59-acre property features 613 feet of frontage on US 27 and has access to Central City water and sewer. The location provides convenient access to the Town of Lake Placid. Zoned C1/R2, the property supports both commercial and residential development. The front half, with frontage on US 27, is zoned for commercial use and allows for franchise developments. The rear half, approximately 8 acres, is zoned for multi-family development, suitable for townhomes with views of Lake Clay. The zoning and location make this property suitable for a range of development opportunities.
Key Highlights
- 16.59 Acres with 613 feet of US 27 Frontage: Substantial property size with significant road frontage
- Zoned C1/R2: Flexible zoning allows for commercial or residential development
- Access to Central City Water and Sewer
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
47
Businesses Nearby
Explore this area
Business Placement
Demographics for 33852, FL
21,635
Population
12,991
Households
1.7
Avg Household Size
55
Median Age
20%
College-Educated
85%
High-School Grad
293.4 sq mi
ZIP Area
74
Density / Sq Mi
$54,841
Median Household Income
$39,658
Median Earnings
$1,063
Median Rent
$205,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 16.59 acres with frontage on US 27 in Lake Placid.
Where is this commercial land located?
The property is located at 705 US 27 Lake Placid, FL.
What is the asking price?
The asking price for this property is $4,999,900.
What are key features of this property?
This property features: 16.59 Acres with 613 feet of US 27 Frontage: Substantial property size with significant road frontage; Zoned C1/R2: Flexible zoning allows for commercial or residential development; Access to Central City Water and Sewer
